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. >> a city declared bankruptcy what is means for employees counting o pensions. >> zoned out. what it means for. >> we have no problem nothing to hide. the iranian foreign minister when it comes to nuclear cape capability his cup wil country e transparent. >>> what would you pay? imagine owning a picasso for a bargain basement price. >> it's official detroit the nation's once fourth largest city is bankrupt. the judge said they could move forward with bankruptcy proceeding and try to get out from under dollars in debt. the city's city manager says he will present his plan next year. dianes a he is atdiane is in det ruling. john he wants that plan to be as human as possible. but all creed tors creditors coa financial haircut. the judge gives detroit state emergencieemergency manager to t pensions and sell city assets outside the city workers protested. they called the ruling a death sentence for detroit. >> services for city residents will be slashed and our pensions will be on the chopping block. our art institute and water department may be sold off. the judge said bankruptc bankrue the on
something it's thirty days >> so do i. >> in terms of deputy city attorney john. in terms of your comments the effective date will be thirty days of passage. the terms of the ordinance provide that it only applies to evictions that particular provision only applies to evictions after february 24th, 2013. so the ordinance didn't become effective until mid january but it applies for evocation on october 24th arrest there's no retrofitting for the application of the date >> right the law will only apply to demolitions, aefgsz or mergers conversions depending on which ordinance after the effective date it will only go into effect after the effective day and when can you demolish and xhoerg and when you're looking at that question from january all ask was there a no fault eviction within 10 years. >> we wanted to prevent there to be an incentive on the evocation between with october 24th date and the passing of the legislation. knowing this legislation could be passed that would h have led to a number of evictions before the deadline between the implementation date of the ordinance. this came
workers in 100 cities promise to hit the streets to demand higher pay. >> emergency response, what authorities are learning from the desperate 911 calls played dur the newtown massacre. >>> a brutal winter blast. we begin tonight with inequality in the economy and the dangers to young americans. president obama says 10% of the population is now taking home half of the nation's income. he warns the growing canyon between rich and poor is destroying the economy, and threatening the american dream. president obama -- >> the top 20%, has about a two in three chance of staying at or near the top. a child born into the bottom 20% has a less than one in 20 shot at making i.t. to th -- making o the top. he's ten times modifier likely to stay where he is. >> president obama states statistics that shows the average american income is shrinking. the president asked the congress to raise the minimum to $7.10 an hour. encouraging government dependence. white house correspondent mike viqueria joins us with more. mike, why the speech and why now? >> it's a great question john. first of all the fa
dispute between the city of san jose and the police union could be settled. the police officers association just announced the members voted to accept the agreement reached by negotiators last month. if a deal is approved on december 10th by the city council, police officers will get a 4% this raise this year and 3% over the next few years. >>> some san francisco giants' minor league players have been hurt in a car accident. tara moriarty has more. >> we know four people with the minor league organization were taken to the hospital this morning. three had cuts and scrapes. one person had more seer yours injuries -- steer jurs -- serious injuries. a transport van carrying 11 people pulled out of a driveway when it was struck by a kia sedan. the sedan hit the van in the side, spun, hit a tree. luckily, no life-threatening injuries. >> the want was loaded. there -- the van was loaded. there were 12 people in there. they were part of the giants organization and they were on their way to a training camp. >> the giants conducts training in scottsdale. the team trainer is headed to the
and why they're under increasing pressure in states and cities facing huge debt problems. the fights are charged with more skirmishes to come in court, but this week's action may be changing the landscape. the battle over the public employee pension crunch in illinois-- the nation's worst-- came to a head yesterday, as state lawmakers voted to eliminate a $100 billion unfunded liability. it passed with bipartisan support, although the votes were close, and some were more enthusiastic than others. >> i think it's a win-win and the excuses i'm hearing from people who don't want to support it don't add up to me. >> this is hard for a lot of people in our state so it's not something that i feel joy about. >> woodruff: the measure cuts cost-of-living increases for current and future retirees and raises the retirement age for those under 45. many aren't happy about it. >> when you've been employed by the state for 20 years and you're counting on your benefits being "x" and there is a possibility that that nest egg that you've been counting on is going to be reduced as a result of pension r
. and the national fast food strike that unfolded this week in 130 cities across the country, i think, is a message to our congress, you better wake up. the people are way ahead of you on this. fast food workers, what they did, is that they staged -- they staged a massive protest on thursday, calling for a liveable wage. thousands of protests, and roughly 130 cities around the country went on strike to protest the minimum wage, which stands at $7.25 an hour in this country. you know, folks, this is the largest wave of protests in the history of the fast food industry. workers, basically, are fed up. their demands are very simple. he they want to live a decent life while working hard a full-time job. but many are part time that don't qualify for benefits. many of them are just asking for 15 bucks an hour. gosh, that's 30 grand a year. you know, it's nothing radical. it's actually pretty american. this is how you move things. here's what the protesters were saying on thursday. >> we are standing in front of the mcdonald's that i tough actually work at. and i actually work two jobs. i work mcdonald's
on this situation. >> in the city center, it does feel like a revolution is underway. the city hall has become a headquarters for protesters. all day, people came in. just have a look or enjoy the food and hot drinks or even to catch a nap. amidst all of this, a workman valiantly removes the carpet so that it won't get damaged in these extraordinary times. the problem for the opposition is: where do they go from here? how do they turn occupation into political victory? >> the way to resolve this crisis is through presidential and parliamentary elections. we have a resolution in the government of ukraine. this government should resign. >> pictures have emerged from sunday night that show the police were, at times, brutal in their treatment of protesters and journalists. anton is a photographer, beaten by riot police. he pleaded with them to stop. these are his bruises. this is all that's left of his camera. the police were also on the receiving end. officials say 35 were hurt by protesters. some are in hospital. away from the city center, there are no protests, just the grim routine of life in
forty kilometers northeast of the city of that but with certain touch of the human rights as the ball than six hundred people have been killed across syria. since posting. he's in the egyptian capital five t gas that hundreds of supporters of the country's ousted president's day. i was in a cairo is iconic and tough risk while wilson was above middle c have been staging a protest demonic his reinstatement. to say that i can manage to enter the central square the very first time in several months will be seen as a symbolic date for the group. hosseini a new chips on the panel responsible for dropping the country's constitution but you today to continue with the two trials civilians despite stiff opposition from rights groups were consigned to be on the sweeping outs will drop off at people condition has now been approved meeting that a referendum will be held early next year at least four people being killed in new york's bronx a bar of term at true north suburban train to the rails on a sunday morning. for her to shop had been the tracks will than sixty people injured in the crotch le
through the city. [ sirens ] >> reporter: some say this was an attempted coup d'État. security forces called celica. the streets of this once bustling city are almost deserted. those who venture out risk ending up like this. it's not clear how many people have died in this mortuary we counted 25 bodies. this woman lost her son. she didn't want to give us her name. >> i don't know what is happening in central african republic right now. if you go in you see people on the ground like animals who have been slaughtered. with the state of the country, where can i go? >> this is where most of the injured have been brought. most have wounds, women are being treated along side government soldiers. [ sobbing ] >> this woman asked god, why has this happened? there christian and muslim victims in this conflict. muslims and christians used to live in this country peacefully. but hatred and violence has taken over and people forget. >> reporter: the french are warning there could be genocide here. france will be sending in more soldiers soon to strengthen the african union force. on the streets, i
bruxelles and ghent became two of its largest industrial cities. [bells ringing] we can catch a realistic glimpse of flemish urban life through the window of religious paintings, such as this madonna by robert campin. in italy, 15th-century artists used perspective and the study of antiquity to depict a suitable setting for their religious paintings. by contrast, a northern painter such as campin in his merode altarpiece, saw no great divide between the past and present, between the look of antiquity and the late medieval world. joseph, in his carpenter's workshop, is depicted with detailed realism-- the tools of his trade and the townscape visible through the window. one sign of bruge's success as a trading center was s wealthy communit of italian merchants and bankers. out of this community came the most famous wedding portrait in western art. here in 1434, jan van eyck shows giovanni arnolfini, a hugely wealthy italian moneylender and tapestry dealer to duke philip the good of burgundy. he's about to marry an equally wealthy young italian, giovanna cenami, whose family lived in france,
. ♪ vicks dayquil powerful non-drowsy 6-symptom cold & flu relief. ♪ no matter what city you're playing tomorrow... [ coughs ] [ male announcer ] can't let a cold keep you up tonight. ♪ vicks nyquil powerful nighttime 6-symptom cold & flu relief. ♪ powerful nighttime 6-symptom cold & flu relief. of all the places in your ...this one's the busiest. so you want it to be the cleanest. that's why you need lysol. because when you use bleach, some stains are left behind. as this dye reveals. lysol toilet bowl cleaner does more. it removes the tough stains that bleach doesn't, and it also disinfects. so why just bleach? with lysol you can do more. that's healthing. and for a clean and fresh toilet with every flush, try lysol no mess automatic cleaner. >>> a deadly train derailment is shining light on the potential dangers of sleep deprivation. >> as we are hearing more about the crash we're learning more about fatigue, zoning out and micro sleep. what's it mean for the rest of us behind the wheel? here's abc's ron claiborne. >> reporter: the investigation into this week's deadly tra
's a search for the truth. we did so in this case. our city has two universities, major universities here. and we have dealt with athletes on prior occasions, and made decisions at some time to prosecutor them if the facts merited it. we have carefully examines all of the evidence in this case and have concluded that no charges will be filed against anyone in this case. >> there you have it. that is the headline. i want to talk about this with a number of people at the top of the show. we have cnn's legal analyst and former prosecutor sunny hostin, prosecuted many a rape case, and also former falcons player jamaal anderson, and cnn's martin savidge. big news for folks in tallahass tallahassee. martin, let me begin with you because this percolated. this was a drip, drip slowly. a lot of questions over why this happened and why it took -- we're two days shy of a year to finding out what his feat would be. >> december 7th, 2012, is when this young lady called authorities to report what she said was a rape. yet, why is it here it is now almost a year later when we get the results, which is on
them within an hour. you wanted them today. we started that in one city and rolled it out to three, then five and we'll go to 25 next year. things like touch screen, touch glass windows, we'll slowly roll it out as we get the consumer experience right. >> what about the perception problem? a lot of people still think ebay is auction. you're much more than that. that's what they still think. >> the proof is in the pudding. 70% to 80% of our items are fixed price. you see more and more people coming to ebay. the growth has been accelerating all year long. more and more consumers are coming to ebay. they are telling their friends. perception takes time to change but we see consumers responding. >> what is the goal? to be amazon or something different than amazon? >> well, we're very different in that our focus is on nabling commerce. >> are we to assume that anything we want should be available on ebay? >> yes, anything you want. including, we're partnering with retailers all over the world. we don't compete with them. you can go on ebay today and get things from bail sellers in the
people. wonderful city. >> they all invited us out to dinner. >> would you like to come over and have some dinner with us. they are just very polite. >> very polite. >> gracious people. >> mike barnacle is here. >> mike you have a prediction coming off last night. >> seattle is going the super bowl. >> they took apart new orleans. >> stopped them. >> what happened? when did they become such a great team? >> that's a good question. and i think if russell wilson and the seattle seahawks played on the east coast russell wilson would be the face of the national football league. but he plays in seattle. might as well be playing in beijing. you don't hear a whole lot about him. the kid is incredible. there would be no rg3. it would be russell wilson. >> i hate people who are so east coast centric. >> it's awful. >> is ellsbury going to detroit? that's what everybody right now in san antonio is asking. >> he could be going to seattle, 140 million. could be going to detroit, seattle, maybe texas. >> this is stuff you talk about usually before the show or during the break. in washington we hav
it can take you right into a city, it solves that last mile problem that you have with planes and ships. a train, though, because it can arrive in a city there is rail passing right through metropolitan centers including baltimore, the mentioned the fire there. chicago had 13 derailments alone in 2012. you have washington, d.c. where a big and very dangerous chemicals can pass within a mile of the white house. the gulf coast is where most of the nation's chlorine is produced and moved. in las vegas within half a mile are 95,000 people, and there is a train that goes right through there that occasionally carries radioactive waste. >> thank you. now the government said it's healthcare winds is up and running for most people. thousands of customers are testing the system. the affordable care act wins has been plagued by problems since it's october is launch. people looking for insurance coverage only have three weeks to sign up. mike viqueira joins us from the white house with more. how is the website doing today? >> they say they have a lot of problems fixed, and you're right, john, it's
. >> and a double whammy for financials. citi with a downgrade and we could see a tougher than expected volcker rule. >> and ron burgandy means green for dodge. sales fueled for the durango. >> news on concerns that the fed might scale back their bond buying program when they meet later this month. we'll get ism services and new home sales in about an hour from now. it's been said maybe december tapers right around the corner, jim, if numbers like this keep up. >> i think it's tough for yellen to come in, we start tapering and we get some big frackus in january. we forget the two parties hate each other. they tend not to accomplish anything. worst congress in history if you care about output. she's going to be reluctant do that. people are starting to talk about doing the over 250,000 jobs on friday and that means interest rates go to 3 and that means ultimately you can buy the banks. that's the one group that does better at high rates. >> net interest margin. if we get above 250, that would be a good thing. >> you're going good news/good news? >> i'm going with the jobs are good but not necessarily
-two punch. >>> fast food workers taking to the picket line today. walkouts are expected in 100 cities across the nation. why? workers are demanding higher wages and more freedom to form unions. wednesday they got a big boost from president obama who said now is the time to raise the federal minimum wage. alison kosik is with striking workers in brooklyn. what's the situation, alison? >> reporter: this movement has gained moment since the first protest in new york city. a couple hundred showed up and walk off the job. today, thousands are expected to walk off the job demanding higher wages. it's a growing movement. workers banding together, fighting to raise minimum wage. today is billed to be one of the largest strikes in a series of walkouts with protests planned in nearly 100 cities across the country. this summer, thousands of fast food workers gathered in nearly 60 cities coast to coast. in new york and chicago, fired up protesters swarmed mcdonald's restaurants, trying to persuade their fellow workers to join them. >> living on 7.25, you cannot do it. >> reporter: many fast food workers
you. how does the city remember that visit all these years later? >> >> let me point the picture. it was june 28, 1990. his stop in south florida was part of a triumphant tour. some leaders regard what happened here as one of the darkest chapters, not only in the history of miami or' but the florida region. half-a-dozen leaders and the governor snubbed him. you have to wonder more than 20 years later after the visit and the snubbing, what is on the mind of the leaders. we wanted to interview them for the story you are about to see. all of them refused to speak with us. we spoke with an african american leader who met nelson mandela several times. we spoke to the mayor who put an end to the nonsense. he told me that the city of' awarded the key to the city, to the movie character robo cop but refused to award a key to the city to one of the most transformative inspiring leaders in world history. >> honouring nelson mandela with a proclamation was not expected to be controversial. >> when i became mayor the thing seemed juvenile to me that they refused to issue a proclamation that
. >>> so, it is official, detroit will become the largest u.s. city ever to file for bankruptcy. a judge handing down this landmark decision to approve the filing tuesday. so it now clears the way for the motor city to slash an estimates 18 millions in debt. including reducing pensions for city workers. it's quite controversial. many of those workers protested that decision outside of the courthouse tuesday. >>> an impressive move by the legislature. they've approved an enormous plan to the state's shortfall. public unions opposed the bill and promise to take legal action. they argue that the legislation is unfair for retirees and workers who will see their benefits cut because of what they called government mismanagement. >> this battle has been going on for years. unfortunately, something has to happen. if not, it's another detroit. >> it was a mess. >> it is a mess. >>> recent outbreaks of meningitis at princeton and uk santa barbara are troubling individuals. this is the type of infection for which the united states does not have an approved vaccine. so in a rare move, federal offici
. the truck was stolen from a gas station in the state of hidalgo, mexico, just north of mexico city. the radiation was probably shielded at the time of the theft. we'll have the very latest on this on "gma." >>> vice president biden has arrived in beijing for high-stakes meetings on china's new claim about its air defense zone. the visit had originally been built on the goodwill between the two countries. it added significance after the u.s. and japan refused to recognize china's claim on that airspace that's above the tiny island in the east china sea. >>> nearly a year after the sandy hook elementary school massacre, the public will hear the dramatic 911 calls from that tragic day. the tapes of the emergency calls will be released this afternoon. connecticut officials had tried to block them to protect families of the 20 children and 6 educators who were killed on that day. but they decided not to appeal after a court ruled to make those recordings public. >>> and now, to detroit, where the judge who approved the city's entrance into bankruptcy is calling that move an opportunity
to overcome. in this city today, what all of do every section is forge principle compromise, the word compromise, back in the dale, my father's time, that was statesmanship. today it's a act of betrayal. your don't work with party 100% of the time, you're ostracized, there's something wrong with you. you can see this on cable tv and a variety of other things. i'll finish by recounting words that lyndon johnson, a master legislator, said once. e grew up poor in the hill country in texas. and his family couldn't always were or granted that they going to have enough to keep the roof over their head or keep food on the table. is the thought i'll leave you with. jobson once said any man not willing to compromise, well, that man never went to bed hungry. know, he said any settle is not willing to for half a loaf, well, that man never went to bed hungry. that's exactly right. the american people expect us to be problem solvers and practical providers, not happen right now. we're too intent on taking an approach which leads to nothing. having said all of that, i'm pleased to be with you here
-- demonstration in their movement. one reason they wanted to protest here is because community groups got the city toraise its minimum wage to $10 -- to raise its minimum wage to $10. protesters say it was a break through but didn't solve problems. >> rents are high. the food costs is high. medical costs. >> reporter: one worker started at minimum wage 5 years ago and still makes below $15 an hour. >> if you have kids that is not enough. >> reporter: there were other protests today. mcdonalds said mcdonalds offers worker advancement, competitive pay and benefits and e. -- the national restaurant association said doubling the minimum wage ignores the economics of running a restaurant and would make it impossible for restaurants continue their role as major job creator. protesters say the fast food is just the first target. >> fast food workers struggling. grocery workers who are struggling. >> reporter: california will raise minimum wage to $9 by next year. robert handa, ktvu channel 2 news. >>> we have breaking news now from contra costa county. people are told to stay indoors because of a gas lea
city and tesla. we do see stretch valuations everywhere. a whole list of analysts brought out twitter and a bunch wanted to buy it on a reasonable valuation in the out years if everything goes right. merrill lynch launched the stock with a sale. merrill chose to use traditional security analysis and found the stock wanting. the others didn't, though. and we have a real case being made for the stock that i think is incredibly expensive by any stretch of the imagination and should be sold. but that's the kind of launching that propelled amazon to nearly four po hundred dollars this morning. again, logic, compelling. if you're a growth manager, and many are, in this stock amazon fits your growth portfolio. that encompasses the rigorous discipline i'm describing. i'm saying i can recognize what a very important cohort of money managers wants to do, which is buy the fastest growing stocks. i can recognize that in a low growth world, the high growth ethos will attract the most money in. the growth oriented managers are not bound by traditional methods of valuation that you and i are think a
city commuter train that left four passengers killed and dozens more injured. they say the metro north train was going 82 miles an hour! >> wow. >> into a sharp curve that had a 30 miles an hour speed limit. that, folks s a bad combination. but it is still too soon, they say, to determine who or what is to blame here. a lot of questions. cnn's renee marsh is following developments for us. >> reporter: john and zoraida, we know this morning how fast that commuter train was going but still don't know why. the report shows that the train was traveling at approximately 82 miles an hour as it went into a 30-mile-an-hour curve. that is too fast for an approach that had a speed limit of 70 and way too fast for the curve's 30 miles per hour limit. deepening the mystery, the ntsb says in two minutes, the train insplikly went 82 before jumping the track. mechanical problem or human error is too early to tell. rockefeller, 20-year veteran of the record, why was the train going so fast? we know investigators say he tried to brake but the train didn't stop according to a law enforcement official. t
by economic change in the great recession. these communities are no longer limited to the inner city. they're found in neighborhoods hammered by the housing crisis, manufacturing towns hit hard by years of plants packing up, land-locked rural areas where young folks oftentimes feel like they've got to leave just to find a job. they're communities that just aren't generating enough jobs anymore. so we put forward new plans to help these communities and their residents because we've watched cities like pittsburgh or my hometown of chicago revamp themselves. if we give more cities the tools to do it, not handouts but a hand up, cities like detroit can do it too. so in a few weeks, we'll announce the first of these promise zones, urban and rural communities where we'll support local efforts focused on a national goal. that is, a child's course in life should not be determined by the zip code he's born in but by the scope of his dreams. [ applause ] and we're also going to do more for the long-term unemployed. you know, for people who have been out of work for more than six months, often throug
are killed, dozens injured when a train derail near new york city. new details overnight about the victims. we're live on the scene. >>> health scare aboard a plane. everyone on board at risk for a potentially deadly disease. spread through the air. >>> plus, the shopping scene should be more subdued today. it is cyber monday. we'll show you which sites are offering the best bargains. >>> and this could be the way your holiday gifts arrive in the not so distant future. delivery by drone. who wants to do it and when could it become a reality? >>> good monday morning. crews worked through the night at the scene of the deadly derailment here in new york. >> the so called black boxes have been recovered. providing investigators with valuable information. they're looking at whether speed or faulty brakes could have caused that accident. >> abc's tahman bradley live at the scene with new details. tahman? >> reporter: good morning, john, and diana. a crane is being brought in to move those derailed train cars still on the tracks this morning. ntsb investigators are expected to be here for a week
order may not arrive so fast this morning. restaurant workers in 100 major u.s. cities are threatening to walk off the job demanding higher wages and demanding the right to unionize. 53 lawmakers have written letters to mcdonald's, devices. >> developing now secretary of state john kerry is in jerusalem with talks with benefitingin netanyahu. they are discussing the recent nuclear deal struck with iran. kerry then heads to ramallah with a meeting with mahmoud abbas. the secretary is trying to get to those peace talks kick-started between the israelis and the palestinians. we have a live report for you from jerusalem that is in our next half hour. >>> vice president biden trying to ease tensions between japan and incline. he is in beijing. biden telling chinese leader that america will not recognize the zone. both japan and china claim to have sovereignty over the disputed region. >>> the head of the operations says preparations are on track to start moving the deadly chemical agents but right now, a lack of security on the main road connecting damascus is causing a lot of concerns for
revealing his free market blueprint to get the motor city rolling again. with more cities on the brink, they might learn a thing or two before they go bust, too. plus -- >> there will be no more taxpayer funded bayouilouts, period. >> america is getting fed up. now the white house may be about to hand insurance companies another massive bailout because of obama care and you'll be paying for it. then, listen up, kids, don't be a maker, be a taker. a 6th
the wage war. fast food workers in hundreds o cities walking off the job this week. it's all part of union-backed protests, demanding 15 bucks an hour. and president obama agreeing it's time for a raise in the minimum wage. >> i'm going to keep pushing until we get a higher minimum wage for hard-working americans across the entire country. it will be good for our economy. >> but, as the unemployment rate is heading in the right direction, will this wage hike have jobs taking a hike? hi, everyone, this is "bulls and bears." let's get right to it. the bulls and bears. gary b. smith. tracy burns. john nas max ferris. along with bernard whitman. ll pushing the minimum to the max push out jobs just as they're coming back? >> yes, absolutely, this is the wrong thing to do in an economy that's showing some signeds of recovery. remember, they're targeting the wrong people. this is a great union and democratic slogan to say, look at the ceo, how much he's making. you can't raise the minimum wage to $15 an hour? take mcdonald's nor example. they will tell you, they don't set the wages for the local
of cars, like these, in rapid city, have been spinning out of control and running off the roads. today, they are bracing for blizzard conditions and up to 18 inches of snow from the dakotas to michigan. the icy blast is threatening citrus growers across california. farmers have been scrambling to insulate their crops, wrapping trees, spraying water and using wind machines to circulate warmer air. forecasters say they could see record lows by tomorrow evening. cold enough to jeopardize those crops. >>> the arctic weather system is moving coast to coast putting windchills in the danger zone. >> let's get the latest from accu-weather meteorologist jim dickey. good morning, jim. >>> good morning, john and diana. extreme cold on tap for the nation's mid section and much of the west. an arctic the air mass dives in out of canada on the fringes of that colder air an area of low pressure is drifting toward lake superior. we're going to see snowfall in the upper midwest again today. for a bull's eye, 6 to 12 inches of snow. duluth, three to six-inch range into minneapolis
and innovative software. using data predictively to help power entire cities. so the turbines of today... will power us all... into the future. ♪ >>> in a market where many stocks have run up so much, we're always on the lookout for laggard and losers. it's time for speculation friday. i got a serious comeback play for you to consider. i'm talking about mcdermott, symbol is mdr. mcdermott is a construction firm building offshore oil and gas facilities. the stock has lived up to the old name of murder because if you own mcdermott, you feel like someone has murdered your portfolio. the stock is down 28% for the year in a fantastic year. that is hideous! however, i wouldn't be talking about it unless i believed this ugly dog could be up to new tricks. the truth is this is a fabulous moment for anyone involved, where mcdermott gets 95% of the revenues. in 2013, oil companies spent a record $644 billion in capital expenditures with tons of it going to offshore projects. the brent price is much higher than america. and looks like record offshore spending for years to come given the many re
are going to start getting some snow in the city here mid-morning tomorrow. >> i saw total flights canceled, 2800 canceled as of sunday evening. three deaths in dallas over the past few days. it has been rough. >> it was towering on i-95 yesterday. it was closed at one point, just so many accidents. people were just. i know we have that here tonight. that was no way you could use cars. you need an atv. >>> with the market, cramer is here to help you get off to a fast start. we will get his mad dash after the break. one more look that futures. we have three on today. with fidelity's options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens, and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. losing thrusters. i need more power. give me more power! [ mainframe ] l
real estate, making deliveries, policing cities and watching the border, it could be chaos in the skies. case and point, this unauthorized drone flight over new york city skyscrapers stayed up less than three minutes before crunching in to the city sidewalk. these drones currently fly 20 to 45 minutes. gps can be blocked in urban areas. it is hard for drones to avoid moving objects, like cars or people and they are difficult for other aircraft to see. at purdue university, they are developing a drone that would fit the amazon scenario. >> we crashed the first three times we took off. >> reporter: sometimes it is simple as drifting off course which could mean your gift delivery goes to your neighbor's house and even then who's going to ring the doorbell? jim avila, abc news, washington. >> sounds like a lot of problems. >> a million reasons why it won't work but if there is a will there is a way. it is working already. >> did you hear something? >> hey, look at that. you needed that, didn't you? >> i wanted a pizza. i wanted the pizza. i think it's the neighbors. >> no thanks, drone nole
states, it won't surprise you it's the west coast. you look at the silicon valley area, city of san francisco which is benefiting from a lot of those young tech people wanting to be in the city, not in the valley. those are very strong markets. we expect they'll continue to be strong markets. when you look at new build development and growth for new hotels, it's not about the united states. it's about the rest of the world. still about asia. >> is it business or is it leisure you're seeing the greatest growth is what i'm getting at? >> we tend to think as consumers about the hotel business as if we're all vacationers. the fact of the matter is, when you look around the globe, probably 75% of our business is business travel or is business meetings. not vacations. obviously that varies dramatically from market to market. what that means is the strength is being driven by the strength of businesses today. more than strength of leisure consumers. that's good, too. >> i want to ask you a quick question about something in the news we've been covering a lot here on the program as well. are
on what caused that deadly train redetailment in new york city. the pictures are stunning. four people were killed and 67 others injured and 11 critical when this metro north train went careening off the tracks sunday morning. the ntsb is investigating and will no doubt be looking at speed and brake failure as two possible causes. this morning, metro north has started the process of upriding these train cars which you can see laying on their side right now. cnn's alexander field is live in the bronx in new york. what is the latest? >> reporter: they are trying to right side the train cars and starting in the back of the train where the locomotive was and lift up the other subsequent cars. overnight we learned the names of the victims killed in this trash. they are the following. we are hearing from the survivors, passengers on board that train and they are telling us about the terrifying moments of when the train stopped short of the harlem river. >> i thought i'm going to die. >> i hurt my arm. >> i heard hearing crunching and grinding and saw stars in front of my eyes and thought, my
conditions are deemed unsafe. >> thank you. >>> in oklahoma city, conditions are so dangerous people are urged to stay home today unless it is absolutely necessary to go sglouds our coverage is continuing at accu-weather with meteorologist jim dickey has dire predictions. good morning, jim. >> good morning, john and diana. we continue to deal with extreme cold here in the midwest, northern plains and rockies. these are early morning examines, not windchill values. minus four minneapolis. minus 15 pierre, minus 12 in denver. last night denver fell to minus 15 that died the record for the day. as it moves south and east relative warmth. as the two collide seeing heavy rain, snow and in the middle freezing rain. we have a layer of warmth in the middle of the atmosphere. snow comes in to that. memts at the surface and falls to ice, encasing roadways and trees. it could be days before power is restored. back to you. >> thank you. >>> here's a look at the rest of the weather. a wintry mix for the northeast. clear and mild in southern georgia and florida. sunny across the southwest but the
city. what is his reputation? >> his methods are incorporated into almost every single educational program about prescribing opioids and even accepted by the fda. >> but if you start to ask around a bit, you'll learn that his reputation among some former patients and their families is astonishingly different. >> his reputation is he's known as dr. death. >> known as dr. death? >> yeah. >> that's how your wife's doctor was described? >> dr. death. >> multiple overdose deaths at the life tree pain clinic which webster ran for more than a decade now hover over him. >> he went unconscious. >> there are allegations of irresponsible prescribing practices and in the case of one patient, influencing what was written as the cause of death. >> here's the interesting part. >> roy bosley's wife carol ann first went to the life tree pain clinic in 2008. years earlier her car had been broadsided. >> she did not have the seat belt fastened and went through the windshield. >> after several operations on her spine, she managed her pain with low doses of painkillers. she's still functioning doing ev
, trial lawyer extraordinaire in new york city. >> you sue the federal government. you can get punitive damages against the government, can't get prejudgment interest but you have a claim against the mid your identity get sued for picking up the salary system. stuart: i did not know you could do that. i thought you could -- >> it is part to and a lot of juries don't givehard to and a juries don't give a lot of money. charles: how do you get cost at -- economic tour resolution? >> a good lawsuit, three lakes school, someone you can collect from, liability and damages. the damages won't be that strong for most people. stuart: will there be lawsuits launched because of this fiasco? >> there will be a class action launched. that is the only way it can be economical. stuart: it will not stop obamacare in its tracks, this is down the road. >> that train has left the station. if i were a lawyer i could stop it, i would. there has to be a better system. stuart: a lawyer opposed to president obama -- >> all the time. stuart: hold on. here it is more of what zeke emanual had to say. this is the p
. the city is dealing with packed snow and ice on the roadways and highways and more snow in the forecast for tomorrow night. >> looks cold there. gas cans and flashlights flying off the shelves in tennessee this morning. a state of emergency declared after storm expected to wallop that state today. utility officials bracing for massive power outages. let's bring in meteorologist indra petersons. she drew the short straw and live in memphis, tennessee, this morning. how do things look there, indra? >> right now, things are pretty mild. it's that calm before the storm but a few hours away, everything could change here in memphis. the national weather service with its new experimental, the first year we have an ice impact index. is calling the potential here in memphis to be a category 3. what does that mean? potential of over half an inch of freezing rain. you get that ice there, half an inch of ice on the power lines we talked about power outages could last as long as five days. let's take a look at the satellite. the radar show you where this system is. it's already done a ton of damage
middle class. >>> fast food walkout. minimum wage workers in 100 cities promise to hit the streets to demand higher pay. >> emergency response, what authorities are learning from the desperate 911 calls played dur the newtown massacre.
finding it so easy to essentially take the american taxpayer. when i was there, the cities were so crowded the government officials actually turned to me and said you can see why we have the one child policy. you now see it is incredibly immoral and incredibly corrupt because they sense to use as a lever for revenue. don't they? they put these policies in place regardless of how immoral they are as a revenue source so if you violated, to have a reason to gg and get more. charles: now they know they made a huge mistake and should have rolled this back years ago. you will not have the workforce they need to be the powerhouse. i would also say as far as take advantage of our programs, foreigners have always known how to do that. over 400 checks went to one mailbox address in eastern europe, 400 checks. everyone promises to fix it, but they don't. stuart: let me get back to more good news, may i? up 128 points, it is a rally. most on the upside this morning, some of the big-name technology stocks are doing very well indeed, and it is a rally on a friday morning. maybe you consider this good ne
in the suburbs. high, city steven. >> caller: hi. i'd like to ask the speakers, specifically david and julie, as somebody who is writing his own book on president nixon's vietnam policy, i'd be very interested to find out what, if any, advice president eisenhower might have given to president nixon on an informal basis how to conduct the war in vietnam? >> write about this extensively in hi going home to glory." >> we coveredded in a certain way, and it was -- what happens in late 1967 -- in fact there's a wonderful account that richard nixon wrote that was basically his last business meeting with dwight eisenhower, and what i see here is that a torch is passed. dwight eisenhower was somebody who knew two things. and first of all in his era, he knew the nature of soviet communism and knew america's importance in sort of holding up defending the free world. but he also knew that his perspective and his wisdom was generation-bound, and that the next generation -- and nixon represented the next generation -- would have to make its own evaluation of the situation. i think that what nix won was p
in johannesburg for us. tomorrow is taking place in soccer city during the world cup, a huge stadium, 90,000 plus seats. given the interest and the crowds behind you now, will that be big enough to accommodate everybody? >> reporter: in a word, john, no, and that's why the government has facilitated three, count them three overthrow stadiums for people who want to attend tuesday's memorial service, plus they will be broadcasting the ceremony via livestream to 90 big screens set up all over the country. john, i'm not sure how many university football games you've been to but what's happening around me now you could compare to a battle of the bonds. over my right shoulder a south african group, over my left a nigerian group who has come here and outside nelson mandela's home where he passed away late thursday evening to add to the euphoria and celebrations here, paying respects to a man who is credited for bringing this nation together, facilitating the first democratic elections and becoming first democratically elected president, first black president as well. you mentioned the 91 heads of state
educational spending more effective. and, you know, when i became mayor of the city of stanford, we had an i.t. department for the city government, and we had an i.t. department for the board of education, we had computers that were aging out before they were installed because there weren't enough people to get them installed in schools. it happened in district after district around the country. we decided to put those efforts together and to work together, and we lifted the technology integration -- now, this is way back in the dark ages of 1995, '96, '97, but we lifted the use of technology pretty substantial hi in a relatively short period of time in stanford. the other thing i found was that when i became mayor of the city of stanford, facilities. now, if you look, if you talk about communities, the single largest investment that almost every community across the country has is in its schools. it's physical infrastructure. it's the most be expensive building. it has a lot of testimonying. it's got a lot of -- technology. it's got a lot of stuff in the building. but if you then scratch th
cold. oklahoma city chillier than anchorage, alaska. this oregon mill was coated in ice. in california, growers are burning peach pits for enough heat to save a $2 billion citrus crop. >> we have to protect it at all costs. >> reporter: in denver, they are de-icing planes and trying to find shelter for the homeless. >> these sorts of nights don't happen a lot but it is dangerous. >> reporter: staying warm means piling on the layers. >> i've got this coat and then a sweater and long-sleeve shirt and thermal underwear under that. >> reporter: denver tied a chilly record at minus 15 degrees. at tom's urban restaurant. >> this is our walk-in cooler this is 35, 38 degrees. it's actually warmer in the freezer. >> two degrees. >> that is 17 degrees warmer than outside. >> this is where we warm up. >> reporter: and now criminals are taking advantage of the cold looking for puffers. what's a puffer? it is a car that an owner leaves running unattended so they can warm it up. police say they have had a half dozen puffer cars stolen. clayton sandell, abc news, denver. >> from the ice storm in the
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